First Property Regulatory News (FPO)

21 Jan 2010 17:20



Date: 21 January 2010

On behalf of: First Property Group plc ("First Property" or the "Group")

For Immediate Release

First Property Group plc

Transaction in own shares

First Property Group plc ('First Property' or the 'Company') announces that on 21 January 2010 it purchased 400,000 of its own ordinary shares at an average price of 15.0 pence per ordinary share. All of the purchased shares are to be held as treasury shares.

Following the transfer into treasury, First Property has in issue (excluding the total of 3,830,588 ordinary shares now held in treasury) 107,770,527 Ordinary Shares.

The above figure of 107,770,527 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

For further information contact:

Notes to editors:

About First Property Group plc

- Property Fund Management - established in August 2002 and provided by a wholly owned subsidiary, First Property Asset Management Ltd (FPAM), with operations in the UK, Central and Eastern Europe;

- Property Trading - established in August 2001, also provided by FPAM, with operations in the UK, Central and Eastern Europe;

- Facilities Management - acquired 60% of First Property Services Ltd, (formerly F W Cook Services Ltd) an air conditioning installation and maintenance contractor.